BLUENERGIES ANNOUNCES TRADING ON OTCQX BEST MARKET UNDER THE TRADING SYMBOL "BLUGF"

Rhea-AI Summary

BluEnergies (TSXV: BLU; OTCQX: BLUGF) announced that its common shares began trading on the OTCQX Best Market in the United States on March 30, 2026 under the symbol BLUGF. The company said the dual-listing complements its TSX Venture Exchange listing and aims to improve U.S. investor access and liquidity.

OTCQX is the highest tier of OTC Markets and requires companies to meet financial standards, governance practices, and securities-law compliance; BluEnergies will continue trading on TSXV under BLU.

Positive

• Commenced trading on OTCQX on March 30, 2026
• Maintains dual-listing: TSXV: BLU and OTCQX: BLUGF
• Company expects improved U.S. investor access and liquidity

Negative

• None.

News Market Reaction – BLUGF

+8.11%

+8.11% Session close to close

In the Mar 30 session, BLUGF gained 8.11%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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TSXV: BLU | OTCQX: BLUGF

VANCOUVER, BC, March 30, 2026 /PRNewswire/ - BluEnergies Ltd. (TSXV: BLU) (OTCQX: BLUGF) ("BLU" or the "Company") is pleased to announce that its common shares commence trading today on the OTCQX Best Market ("OTCQX"), a U.S. marketplace operated by OTC Markets Group Inc., under the trading symbol BLUGF.

Craig Steinke, CEO commented: "We are pleased to announce that, alongside our existing listing on the TSX Venture Exchange, the Company's common shares will now begin trading on the OTCQX Best Market in the United States. This dual-trading is expected to enhance liquidity, attract a wider range of institutional and retail investors, and strengthen our presence in the U.S. capital markets. It also provides an excellent platform to showcase our strategy for building enduring shareholder value through ongoing exploration activities in the Harper Basin, Liberia."

OTCQX is the highest-level trading venue of OTC Markets Group Inc. on which 12,000 U.S. and global securities trade. To qualify for trading on OTCQX, companies must meet stringent financial standards, adhere to best practice corporate governance, and demonstrate compliance with applicable securities laws, providing investors with a trusted market for trading.

Along with trading under the trading symbol "BLUGF" on OTCQX, the Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "BLU".

U.S. investors can find current financial disclosure and real-time Level 2 quotes for BluEnergies' common shares at https://www.otcmarkets.com/stock/BLUGF/overview.

About BluEnergies Ltd.

BluEnergies Ltd. is a Canadian based oil and gas exploration and development company focused on offshore West Africa. The Company has recently partnered with TotalEnergies to explore its basin floor fan play in Blocks LB-26, LB-30, and LB-31 covering an area of approximately 8,924 square kilometers (~2.2 million acres) located in the Harper basin, in the deep-water offshore Liberia. Additionally, the Company recently acquired a previously discovered and tested sand channel play offshore Louisiana in the shallow water Gulf of America. For additional information on BluEnergies Ltd., please refer to the Company's website, www.blu-energies.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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SOURCE BluEnergies Ltd.

FAQ

When did BluEnergies (BLUGF) begin trading on OTCQX?

BluEnergies began trading on OTCQX on March 30, 2026. According to the company, the common shares commenced U.S. trading under the symbol BLUGF, while remaining listed on the TSX Venture Exchange as BLU.

What does the OTCQX listing mean for BluEnergies (BLUGF) shareholders?

The OTCQX listing is expected to enhance liquidity and U.S. investor access for shareholders. According to the company, dual-trading may attract a broader range of institutional and retail investors and strengthen U.S. capital market presence.

Will BluEnergies continue trading on the TSX Venture Exchange after OTCQX listing?

Yes, BluEnergies will continue trading on the TSX Venture Exchange under the symbol BLU. According to the company, the OTCQX listing is complementary, providing an additional U.S. trading venue for its common shares.

How can U.S. investors find BluEnergies (BLUGF) financials and quotes?

U.S. investors can access current financial disclosure and Level 2 quotes on OTC Markets. According to the company, real-time information for BLUGF is available at the OTC Markets BLUGF overview page.

Why did BluEnergies choose OTCQX for its U.S. listing (BLUGF)?

BluEnergies selected OTCQX for its higher-tier standards and investor visibility. According to the company, OTCQX requires stringent financial and governance standards, offering a trusted U.S. trading platform for its shares.